Business Rate Relief

Eligible businesses with rateable values of below £6,000 will get 50% rate relief on their liability, decreasing on a sliding scale by an estimated 1% for every £120 of the rateable value over £6,000, up to £12,000.

This relief is only available to ratepayers with either:

• one property, or
• one main property and other additional properties providing the additional properties do not have individual rateable values of more than £2,600, and the combined rateable value of all the properties is under £18,000

In addition to this, relief eligible businesses with rateable values of between £12,000 and £17,999 will have their rates calculated using the small business multiplier.

Businesses have until 30 September 2015 to make an application for relief for the period of 1 April 2010 to 31 March 2015.

To make an application for small business rate relief download and complete an application form.

For further information, please view the Business Link website.

Temporary increase in small business rate relief

The current temporary increase in Small Business Rate Relief, which started on 1 October 2010 and was due to end on 30 September 2011, will continue for a further year (1 October 2011 to 30 September 2012).

Eligible ratepayers with rateable values of less than £6,000 will receive 100% relief for the period, while eligible ratepayers with rateable values between £6,000 and not more than £12,000 receive tapered relief from 100% to 0%.

Ratepayers need take no action, revised rate demand notices showing any additional relief for the period 1 October 2011 to 31 March 2012 will be issued during September 2011.